If you cannot find the new or used offshore rigs, vessels or equipment of any type, size or make that you are looking for, please
send us
an email to and we shall offer you.

If you cannot find the new or used offshore rigs, vessels or equipment of any type, size or make that you are looking for, please
send us
an email to and we shall offer you.

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Equipment ID

:

1565

Equipment name

:

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Category

:

Research Reports

Specifications

:

Name of the Report :Deep Offshore Oil & Gas Exploration and Production (E&P)
in West Africa - Market Analysis, Competitive Landscape
and Forecasts to 2020

Published Date : 30-Sep-2012No. of pages : 76

Table of Contents1 Table of Contents
1 Table of Contents… 4
1.1 List of Tables… 6
1.2 List of Figures… 7
2 Introduction… 9
2.1 Overview… 9
2.2 This Report Guidance… 9
3 Deep Offshore Oil and Gas Exploration and Production in West
Africa - An Overview… 10
3.1 Angola and Ghana Lead Deep Offshore Oil and Gas Exploration in
West Africa… 11
3.1.1 Major Deep Offshore Oil and Gas Discoveries in West Africa
(2011 - June 2012)… 12
3.2 Offshore Oil and Gas Production in West Africa Accounted for 74.3% of
the Region’s Total Production in 2011… 14
3.2.1 Offshore Oil and Gas Production in West Africa is Expected to Increase
at an AAGR of 3.8% during 2011-2020… 16
3.3 Deep Offshore Oil and Gas Sector in West Africa - Key Drivers and Challenges… 17
3.3.1 Deep Offshore West Africa has Significant Potential for Pre-salt Discoveries… 17
3.3.2 Gulf of Guinea will Continue to be a Key Region for Exploration and
Production of Oil and Gas in Deep Offshore West Africa… 19
3.3.3 Floating Production Storage and Offloading Vessels (FPSOs) will continue
to Play a Key Role in Unlocking Potential of Oil and Gas Fields in
Deep Offshore West Africa… 20
3.3.4 Increasing Piracy Attacks are Affecting Oil and Gas Exploration and
Production Operations in Offshore West Africa… 21
3.4 Equatorial Guinea Offers Attractive Fiscal Terms for Oil and Gas
Exploration and Production in West Africa… 21
3.5 Major Deep Offshore Oil and Gas Companies in West Africa - A Competitive
Landscape… 23
3.5.1 Sonangol has Equity Stakes in the Largest Number of Active Offshore
Exploration Blocks in West Africa… 23
3.5.2 ExxonMobil Recorded the Highest Oil and Natural Gas Production in
Offshore West Africa in 2011… 24
4 Deep Offshore Oil and Gas Exploration and Production in West Africa - Nigeria… 25
4.1 Exploration and Production Fiscal Environment in Nigeria… 25
4.1.1 New Draft of Nigeria’s Petroleum Investment Bill (PIB) Awaits President’s
Approval… 26
4.2 Four Offshore Discoveries were Made in Nigeria in the Past Three Years… 27
4.2.1 Agge-3B Discovery… 27
4.2.2 Kuyere-1 Discovery… 28
4.3 Nigeria Recorded Offshore Crude Oil and Natural Gas Production of 699.4 MMboe
in 2011… 28
4.3.1 Offshore Oil and Gas Production in Nigeria is Expected to Increase at an
Average Annual Growth Rate of 1.9% during 2011-2020… 29
4.4 Details of Planned Deep Offshore Oil and Gas Production Fields in Nigeria… 30
4.4.1 Egina Production Field… 30
4.4.2 Bonga Southwest/Aparo Production Field… 31
4.4.3 Erha North Phase II Production Field… 31
4.5 Major Offshore Exploration and Production Companies in Nigeria… 32
4.5.1 Total has Equity Stakes in the Highest Number of Offshore Exploration
Blocks of Nigeria… 32
4.5.2 Nigeria National Petroleum Corporation is the Leading Producer of Oil and
Gas in Nigeria… 33
5 Deep Offshore Oil and Gas Exploration and Production in West Africa - Angola… 35
5.1 Exploration and Production Fiscal Environment in Angola… 35
5.2 Angola Witnessed the Largest Number of Oil and Gas Discoveries in Offshore
West Africa During the 2009 - June 2012 Period… 36
5.2.1 Details of Deep Offshore Oil and Gas Discoveries in Angola… 37
5.3 Angola Produced 499.0 MMboe of Oil and Natural Gas from its Offshore
Fields in 2011… 39
5.3.1 Offshore Production Contributes about 84% to Angola’s Total Oil and Gas
Production in 2011… 40
5.3.2 Offshore Oil and Gas Production in Angola is Expected to Increase at an
Average Annual Growth Rate of 5.8% during 2011-2020… 41
5.4 Details of Planned Deep Offshore Oil Production Assets in Angola… 42
5.4.1 Negage Production Field… 42
5.4.2 Kizomba D Production Field… 42
5.4.3 Cravo, Lirio, Orquidea and Violeta Production Fields… 43
5.5 Major Offshore Exploration and Production Companies in Angola… 44
5.5.1 Sonangol has Equity Stake in the Largest Number of Offshore Blocks in
Angola… 44
5.5.2 ExxonMobil Corporation Recorded the Highest Production of Oil and
Natural Gas in Angola in 2011… 45
6 Deep Offshore Oil and Gas Exploration and Production in West Africa - Equatorial
Guinea… 46
6.1 Exploration and Production Fiscal Environment in Equatorial Guinea… 46
6.2 Equatorial Guinea Witnessed Limited Number of Oil and Gas Discoveries in
Recent Years… 47
6.3 Equatorial Guinea is the Third Largest Producer of Crude Oil in West Africa… 48
6.3.1 Offshore Oil and Gas Production in Equatorial Guinea is Expected to
Increase at an Average Annual Growth Rate of 3.6%… 49
6.4 Alen Production Field Offshore Equatorial Guinea is Expected to Start
Operations from December 2013… 50
6.5 Major Offshore Exploration and Production Companies in Equatorial Guinea… 51
6.5.1 GEPetrol is the Largest Offshore Exploration Company in Equatorial
Guinea… 51
6.5.2 Marathon Oil Corporation Recorded the Highest Production of Oil and
Gas in Offshore Equatorial Guinea in 2011… 52
7 Deep Offshore Oil and Gas Exploration and Production in
West Africa - Republic of the Congo… 53
7.1 Exploration and Production Fiscal Environment in Republic of the Congo… 53
7.2 The Republic of the Congo Witnessed Five Oil and Gas Discoveries
during 2009 - June 2012… 54
7.2.1 Details of Deep Offshore Oil and Gas Discoveries in the Republic of the
Congo… 54
7.3 The Republic of the Congo is a Key Producer of Oil and Gas in Offshore
West Africa… 56
7.3.1 Offshore Oil and Gas Production in the Republic of the Congo is Expected to
Increase at an Average Annual Growth Rate of 0.1% during 2011-2020… 57
7.4 Details of Planned Deep Offshore Oil Production Fields in the Republic of the
Congo… 58
7.4.1 Lianzi Oil Field… 58
7.4.2 Moho Nord Oil Field… 58
7.5 Major Offshore Exploration and Production Companies in Republic of the Congo… 58
7.5.1 Société Nationale des Pétroles du Congo (SNPC) has the Most Equity Stakes in
Active Offshore Blocks in the Republic of the Congo… 58
7.5.2 Total Recorded Largest Production of Oil and Gas in the Offshore
Republic of the Congo in 2011… 60
8 Deep Offshore Oil and Gas Exploration and Production in West Africa - Ghana… 62
8.1 Exploration and Production Fiscal Environment in Ghana… 62
8.2 Ghana Witnessed Second Highest Number of Oil and Gas Discoveries in Offshore
West Africa during 2009 - June 2012… 63
8.2.1 Details of Deep Offshore Oil and Gas Discoveries in Ghana… 64
8.3 Ghana Started Production of Oil and Gas in 2010… 65
8.3.1 Offshore Oil and Gas Production in Ghana is Expected to Increase at an
Average Annual Growth Rate of 15.8% during 2011-2020… 66
8.4 Details of Planned Deep Offshore Oil Production Fields in Ghana… 67
8.4.1 Tweneboa Production Field… 67
8.4.2 Mahogany East Project… 68
8.4.3 Odum Production Field… 69
8.5 Major Offshore Exploration and Production Companies in Ghana… 70
8.5.1 Ghana National Petroleum Corporation (GNPC) has the Highest Number of Stakes
in Active Offshore Blocks in Ghana… 70
8.5.2 Kosmos Energy has made Several Significant Discoveries in Deepwater
Ghana… 71
8.5.3 Tullow Oil Plc Recorded the Highest Production of Oil and Gas in Offshore
Ghana in 2011… 72

“Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa - Market
Analysis, Competitive Landscape and Forecasts to 2020”, is the latest report from
this, the industry analysis specialist, which analyzes the global Exploration and
Production (E&P) industry. The report provides an overview of the deep offshore
E&P in West Africa. The report also provides information on the major deep offshore
oil and gas projects and key companies in Nigeria, Angola, Equatorial Guinea,
the Republic of Congo and Ghana. The report is compiled by using data and
information sourced from proprietary databases, primary and secondary research
and in-house analysis by this team of industry experts.

Scope

This report provides detailed analysis of E&P in deep offshore West Africa,
including the key companies and the key trends and issues in the industry
up to 2020. The report primarily focuses on -
- Drivers and challenges for E&P in deep offshore West Africa.
- The contribution from the countries in the region to West Africa’s offshore
oil and gas production.
- Key companies in the E&P industry of deep offshore West Africa.
- The E&P fiscal environment in Nigeria, Angola, Equatorial Guinea, the
Republic of Congo and Ghana.
- The competitive landscape of the companies engaged in E&P activities in
Nigeria, Angola, Equatorial Guinea, the Republic of Congo and Ghana.
Reasons to buy

This report will enhance your decision-making capabilities. It will allow you to -
- Gain insight on the deep offshore West African market.
- Understand key drivers and challenges of the deep offshore West African market.
- Learn about deep offshore oil and gas E&P in Nigeria, Angola, Equatorial Guinea,
Republic of the Congo, and Ghana.
- To be informed about the operations of key companies engaged in deep offshore
E&P of oil and gas in the West Africa region.

No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form by any means, electronic, mechanical, photocopying, recording or otherwise,
without the prior permission of the publisher.

The facts of this report are believed to be correct at the time of publication but cannot be
guaranteed. Please note that the findings, conclusions and recommendations that the
publisher delivers will be based on information gathered in good faith from both primary
and secondary sources, whose accuracy we are not always in a position to guarantee.
As such the publisher accept no liability whatever for actions taken based on any
information that may subsequently prove to be incorrect.

To order this report, please send an email to mail@worldoils.com-------------------------------------------------------------------------------------------------------
Search words (for official use only) :Major Deep Offshore Oil and Gas Discoveries in West Africa
Exploration and Production Fiscal Environment in Nigeria
Bonga Southwest/Aparo Production Field
Erha North Phase II Production Field
Major Offshore Exploration and Production Companies in Nigeria
Exploration and Production Fiscal Environment in Angola
Kizomba D Production Field
Details of Deep Offshore Oil and Gas Discoveries in Ghana---------------------------------------------------------------------------------------------------------

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Category:

Research Reports

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The information contained herein is believed to be accurate but has not been verified. This equipment is subject to prior sale and sold “where-is as-is” with no warranties from Worldoils Pte Ltd or the Seller expressed or implied.

If you cannot find the new or used offshore rigs, vessels or equipment of any type, size or make that you are looking for, please
send us
an email to and we shall offer you.

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Equipment ID

:

1565

Equipment name

:

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Category

:

Research Reports

Specifications

:

Name of the Report :Deep Offshore Oil & Gas Exploration and Production (E&P)
in West Africa - Market Analysis, Competitive Landscape
and Forecasts to 2020

Published Date : 30-Sep-2012No. of pages : 76

Table of Contents1 Table of Contents
1 Table of Contents… 4
1.1 List of Tables… 6
1.2 List of Figures… 7
2 Introduction… 9
2.1 Overview… 9
2.2 This Report Guidance… 9
3 Deep Offshore Oil and Gas Exploration and Production in West
Africa - An Overview… 10
3.1 Angola and Ghana Lead Deep Offshore Oil and Gas Exploration in
West Africa… 11
3.1.1 Major Deep Offshore Oil and Gas Discoveries in West Africa
(2011 - June 2012)… 12
3.2 Offshore Oil and Gas Production in West Africa Accounted for 74.3% of
the Region’s Total Production in 2011… 14
3.2.1 Offshore Oil and Gas Production in West Africa is Expected to Increase
at an AAGR of 3.8% during 2011-2020… 16
3.3 Deep Offshore Oil and Gas Sector in West Africa - Key Drivers and Challenges… 17
3.3.1 Deep Offshore West Africa has Significant Potential for Pre-salt Discoveries… 17
3.3.2 Gulf of Guinea will Continue to be a Key Region for Exploration and
Production of Oil and Gas in Deep Offshore West Africa… 19
3.3.3 Floating Production Storage and Offloading Vessels (FPSOs) will continue
to Play a Key Role in Unlocking Potential of Oil and Gas Fields in
Deep Offshore West Africa… 20
3.3.4 Increasing Piracy Attacks are Affecting Oil and Gas Exploration and
Production Operations in Offshore West Africa… 21
3.4 Equatorial Guinea Offers Attractive Fiscal Terms for Oil and Gas
Exploration and Production in West Africa… 21
3.5 Major Deep Offshore Oil and Gas Companies in West Africa - A Competitive
Landscape… 23
3.5.1 Sonangol has Equity Stakes in the Largest Number of Active Offshore
Exploration Blocks in West Africa… 23
3.5.2 ExxonMobil Recorded the Highest Oil and Natural Gas Production in
Offshore West Africa in 2011… 24
4 Deep Offshore Oil and Gas Exploration and Production in West Africa - Nigeria… 25
4.1 Exploration and Production Fiscal Environment in Nigeria… 25
4.1.1 New Draft of Nigeria’s Petroleum Investment Bill (PIB) Awaits President’s
Approval… 26
4.2 Four Offshore Discoveries were Made in Nigeria in the Past Three Years… 27
4.2.1 Agge-3B Discovery… 27
4.2.2 Kuyere-1 Discovery… 28
4.3 Nigeria Recorded Offshore Crude Oil and Natural Gas Production of 699.4 MMboe
in 2011… 28
4.3.1 Offshore Oil and Gas Production in Nigeria is Expected to Increase at an
Average Annual Growth Rate of 1.9% during 2011-2020… 29
4.4 Details of Planned Deep Offshore Oil and Gas Production Fields in Nigeria… 30
4.4.1 Egina Production Field… 30
4.4.2 Bonga Southwest/Aparo Production Field… 31
4.4.3 Erha North Phase II Production Field… 31
4.5 Major Offshore Exploration and Production Companies in Nigeria… 32
4.5.1 Total has Equity Stakes in the Highest Number of Offshore Exploration
Blocks of Nigeria… 32
4.5.2 Nigeria National Petroleum Corporation is the Leading Producer of Oil and
Gas in Nigeria… 33
5 Deep Offshore Oil and Gas Exploration and Production in West Africa - Angola… 35
5.1 Exploration and Production Fiscal Environment in Angola… 35
5.2 Angola Witnessed the Largest Number of Oil and Gas Discoveries in Offshore
West Africa During the 2009 - June 2012 Period… 36
5.2.1 Details of Deep Offshore Oil and Gas Discoveries in Angola… 37
5.3 Angola Produced 499.0 MMboe of Oil and Natural Gas from its Offshore
Fields in 2011… 39
5.3.1 Offshore Production Contributes about 84% to Angola’s Total Oil and Gas
Production in 2011… 40
5.3.2 Offshore Oil and Gas Production in Angola is Expected to Increase at an
Average Annual Growth Rate of 5.8% during 2011-2020… 41
5.4 Details of Planned Deep Offshore Oil Production Assets in Angola… 42
5.4.1 Negage Production Field… 42
5.4.2 Kizomba D Production Field… 42
5.4.3 Cravo, Lirio, Orquidea and Violeta Production Fields… 43
5.5 Major Offshore Exploration and Production Companies in Angola… 44
5.5.1 Sonangol has Equity Stake in the Largest Number of Offshore Blocks in
Angola… 44
5.5.2 ExxonMobil Corporation Recorded the Highest Production of Oil and
Natural Gas in Angola in 2011… 45
6 Deep Offshore Oil and Gas Exploration and Production in West Africa - Equatorial
Guinea… 46
6.1 Exploration and Production Fiscal Environment in Equatorial Guinea… 46
6.2 Equatorial Guinea Witnessed Limited Number of Oil and Gas Discoveries in
Recent Years… 47
6.3 Equatorial Guinea is the Third Largest Producer of Crude Oil in West Africa… 48
6.3.1 Offshore Oil and Gas Production in Equatorial Guinea is Expected to
Increase at an Average Annual Growth Rate of 3.6%… 49
6.4 Alen Production Field Offshore Equatorial Guinea is Expected to Start
Operations from December 2013… 50
6.5 Major Offshore Exploration and Production Companies in Equatorial Guinea… 51
6.5.1 GEPetrol is the Largest Offshore Exploration Company in Equatorial
Guinea… 51
6.5.2 Marathon Oil Corporation Recorded the Highest Production of Oil and
Gas in Offshore Equatorial Guinea in 2011… 52
7 Deep Offshore Oil and Gas Exploration and Production in
West Africa - Republic of the Congo… 53
7.1 Exploration and Production Fiscal Environment in Republic of the Congo… 53
7.2 The Republic of the Congo Witnessed Five Oil and Gas Discoveries
during 2009 - June 2012… 54
7.2.1 Details of Deep Offshore Oil and Gas Discoveries in the Republic of the
Congo… 54
7.3 The Republic of the Congo is a Key Producer of Oil and Gas in Offshore
West Africa… 56
7.3.1 Offshore Oil and Gas Production in the Republic of the Congo is Expected to
Increase at an Average Annual Growth Rate of 0.1% during 2011-2020… 57
7.4 Details of Planned Deep Offshore Oil Production Fields in the Republic of the
Congo… 58
7.4.1 Lianzi Oil Field… 58
7.4.2 Moho Nord Oil Field… 58
7.5 Major Offshore Exploration and Production Companies in Republic of the Congo… 58
7.5.1 Société Nationale des Pétroles du Congo (SNPC) has the Most Equity Stakes in
Active Offshore Blocks in the Republic of the Congo… 58
7.5.2 Total Recorded Largest Production of Oil and Gas in the Offshore
Republic of the Congo in 2011… 60
8 Deep Offshore Oil and Gas Exploration and Production in West Africa - Ghana… 62
8.1 Exploration and Production Fiscal Environment in Ghana… 62
8.2 Ghana Witnessed Second Highest Number of Oil and Gas Discoveries in Offshore
West Africa during 2009 - June 2012… 63
8.2.1 Details of Deep Offshore Oil and Gas Discoveries in Ghana… 64
8.3 Ghana Started Production of Oil and Gas in 2010… 65
8.3.1 Offshore Oil and Gas Production in Ghana is Expected to Increase at an
Average Annual Growth Rate of 15.8% during 2011-2020… 66
8.4 Details of Planned Deep Offshore Oil Production Fields in Ghana… 67
8.4.1 Tweneboa Production Field… 67
8.4.2 Mahogany East Project… 68
8.4.3 Odum Production Field… 69
8.5 Major Offshore Exploration and Production Companies in Ghana… 70
8.5.1 Ghana National Petroleum Corporation (GNPC) has the Highest Number of Stakes
in Active Offshore Blocks in Ghana… 70
8.5.2 Kosmos Energy has made Several Significant Discoveries in Deepwater
Ghana… 71
8.5.3 Tullow Oil Plc Recorded the Highest Production of Oil and Gas in Offshore
Ghana in 2011… 72

“Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa - Market
Analysis, Competitive Landscape and Forecasts to 2020”, is the latest report from
this, the industry analysis specialist, which analyzes the global Exploration and
Production (E&P) industry. The report provides an overview of the deep offshore
E&P in West Africa. The report also provides information on the major deep offshore
oil and gas projects and key companies in Nigeria, Angola, Equatorial Guinea,
the Republic of Congo and Ghana. The report is compiled by using data and
information sourced from proprietary databases, primary and secondary research
and in-house analysis by this team of industry experts.

Scope

This report provides detailed analysis of E&P in deep offshore West Africa,
including the key companies and the key trends and issues in the industry
up to 2020. The report primarily focuses on -
- Drivers and challenges for E&P in deep offshore West Africa.
- The contribution from the countries in the region to West Africa’s offshore
oil and gas production.
- Key companies in the E&P industry of deep offshore West Africa.
- The E&P fiscal environment in Nigeria, Angola, Equatorial Guinea, the
Republic of Congo and Ghana.
- The competitive landscape of the companies engaged in E&P activities in
Nigeria, Angola, Equatorial Guinea, the Republic of Congo and Ghana.
Reasons to buy

This report will enhance your decision-making capabilities. It will allow you to -
- Gain insight on the deep offshore West African market.
- Understand key drivers and challenges of the deep offshore West African market.
- Learn about deep offshore oil and gas E&P in Nigeria, Angola, Equatorial Guinea,
Republic of the Congo, and Ghana.
- To be informed about the operations of key companies engaged in deep offshore
E&P of oil and gas in the West Africa region.

No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form by any means, electronic, mechanical, photocopying, recording or otherwise,
without the prior permission of the publisher.

The facts of this report are believed to be correct at the time of publication but cannot be
guaranteed. Please note that the findings, conclusions and recommendations that the
publisher delivers will be based on information gathered in good faith from both primary
and secondary sources, whose accuracy we are not always in a position to guarantee.
As such the publisher accept no liability whatever for actions taken based on any
information that may subsequently prove to be incorrect.

To order this report, please send an email to mail@worldoils.com-------------------------------------------------------------------------------------------------------
Search words (for official use only) :Major Deep Offshore Oil and Gas Discoveries in West Africa
Exploration and Production Fiscal Environment in Nigeria
Bonga Southwest/Aparo Production Field
Erha North Phase II Production Field
Major Offshore Exploration and Production Companies in Nigeria
Exploration and Production Fiscal Environment in Angola
Kizomba D Production Field
Details of Deep Offshore Oil and Gas Discoveries in Ghana---------------------------------------------------------------------------------------------------------

The information contained herein is believed to be accurate but has not been verified. This equipment is subject to prior sale and sold “where-is as-is” with no warranties from Worldoils Pte Ltd or the Seller expressed or implied.

If you cannot find the new or used offshore rigs, vessels or equipment of any type, size or make that you are looking for, please
send us
an email to and we shall offer you.

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Equipment ID

:

1565

Equipment name

:

Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa

Category

:

Research Reports

Specifications :

Name of the Report :Deep Offshore Oil & Gas Exploration and Production (E&P)
in West Africa - Market Analysis, Competitive Landscape
and Forecasts to 2020

Published Date : 30-Sep-2012No. of pages : 76

Table of Contents1 Table of Contents
1 Table of Contents… 4
1.1 List of Tables… 6
1.2 List of Figures… 7
2 Introduction… 9
2.1 Overview… 9
2.2 This Report Guidance… 9
3 Deep Offshore Oil and Gas Exploration and Production in West
Africa - An Overview… 10
3.1 Angola and Ghana Lead Deep Offshore Oil and Gas Exploration in
West Africa… 11
3.1.1 Major Deep Offshore Oil and Gas Discoveries in West Africa
(2011 - June 2012)… 12
3.2 Offshore Oil and Gas Production in West Africa Accounted for 74.3% of
the Region’s Total Production in 2011… 14
3.2.1 Offshore Oil and Gas Production in West Africa is Expected to Increase
at an AAGR of 3.8% during 2011-2020… 16
3.3 Deep Offshore Oil and Gas Sector in West Africa - Key Drivers and Challenges… 17
3.3.1 Deep Offshore West Africa has Significant Potential for Pre-salt Discoveries… 17
3.3.2 Gulf of Guinea will Continue to be a Key Region for Exploration and
Production of Oil and Gas in Deep Offshore West Africa… 19
3.3.3 Floating Production Storage and Offloading Vessels (FPSOs) will continue
to Play a Key Role in Unlocking Potential of Oil and Gas Fields in
Deep Offshore West Africa… 20
3.3.4 Increasing Piracy Attacks are Affecting Oil and Gas Exploration and
Production Operations in Offshore West Africa… 21
3.4 Equatorial Guinea Offers Attractive Fiscal Terms for Oil and Gas
Exploration and Production in West Africa… 21
3.5 Major Deep Offshore Oil and Gas Companies in West Africa - A Competitive
Landscape… 23
3.5.1 Sonangol has Equity Stakes in the Largest Number of Active Offshore
Exploration Blocks in West Africa… 23
3.5.2 ExxonMobil Recorded the Highest Oil and Natural Gas Production in
Offshore West Africa in 2011… 24
4 Deep Offshore Oil and Gas Exploration and Production in West Africa - Nigeria… 25
4.1 Exploration and Production Fiscal Environment in Nigeria… 25
4.1.1 New Draft of Nigeria’s Petroleum Investment Bill (PIB) Awaits President’s
Approval… 26
4.2 Four Offshore Discoveries were Made in Nigeria in the Past Three Years… 27
4.2.1 Agge-3B Discovery… 27
4.2.2 Kuyere-1 Discovery… 28
4.3 Nigeria Recorded Offshore Crude Oil and Natural Gas Production of 699.4 MMboe
in 2011… 28
4.3.1 Offshore Oil and Gas Production in Nigeria is Expected to Increase at an
Average Annual Growth Rate of 1.9% during 2011-2020… 29
4.4 Details of Planned Deep Offshore Oil and Gas Production Fields in Nigeria… 30
4.4.1 Egina Production Field… 30
4.4.2 Bonga Southwest/Aparo Production Field… 31
4.4.3 Erha North Phase II Production Field… 31
4.5 Major Offshore Exploration and Production Companies in Nigeria… 32
4.5.1 Total has Equity Stakes in the Highest Number of Offshore Exploration
Blocks of Nigeria… 32
4.5.2 Nigeria National Petroleum Corporation is the Leading Producer of Oil and
Gas in Nigeria… 33
5 Deep Offshore Oil and Gas Exploration and Production in West Africa - Angola… 35
5.1 Exploration and Production Fiscal Environment in Angola… 35
5.2 Angola Witnessed the Largest Number of Oil and Gas Discoveries in Offshore
West Africa During the 2009 - June 2012 Period… 36
5.2.1 Details of Deep Offshore Oil and Gas Discoveries in Angola… 37
5.3 Angola Produced 499.0 MMboe of Oil and Natural Gas from its Offshore
Fields in 2011… 39
5.3.1 Offshore Production Contributes about 84% to Angola’s Total Oil and Gas
Production in 2011… 40
5.3.2 Offshore Oil and Gas Production in Angola is Expected to Increase at an
Average Annual Growth Rate of 5.8% during 2011-2020… 41
5.4 Details of Planned Deep Offshore Oil Production Assets in Angola… 42
5.4.1 Negage Production Field… 42
5.4.2 Kizomba D Production Field… 42
5.4.3 Cravo, Lirio, Orquidea and Violeta Production Fields… 43
5.5 Major Offshore Exploration and Production Companies in Angola… 44
5.5.1 Sonangol has Equity Stake in the Largest Number of Offshore Blocks in
Angola… 44
5.5.2 ExxonMobil Corporation Recorded the Highest Production of Oil and
Natural Gas in Angola in 2011… 45
6 Deep Offshore Oil and Gas Exploration and Production in West Africa - Equatorial
Guinea… 46
6.1 Exploration and Production Fiscal Environment in Equatorial Guinea… 46
6.2 Equatorial Guinea Witnessed Limited Number of Oil and Gas Discoveries in
Recent Years… 47
6.3 Equatorial Guinea is the Third Largest Producer of Crude Oil in West Africa… 48
6.3.1 Offshore Oil and Gas Production in Equatorial Guinea is Expected to
Increase at an Average Annual Growth Rate of 3.6%… 49
6.4 Alen Production Field Offshore Equatorial Guinea is Expected to Start
Operations from December 2013… 50
6.5 Major Offshore Exploration and Production Companies in Equatorial Guinea… 51
6.5.1 GEPetrol is the Largest Offshore Exploration Company in Equatorial
Guinea… 51
6.5.2 Marathon Oil Corporation Recorded the Highest Production of Oil and
Gas in Offshore Equatorial Guinea in 2011… 52
7 Deep Offshore Oil and Gas Exploration and Production in
West Africa - Republic of the Congo… 53
7.1 Exploration and Production Fiscal Environment in Republic of the Congo… 53
7.2 The Republic of the Congo Witnessed Five Oil and Gas Discoveries
during 2009 - June 2012… 54
7.2.1 Details of Deep Offshore Oil and Gas Discoveries in the Republic of the
Congo… 54
7.3 The Republic of the Congo is a Key Producer of Oil and Gas in Offshore
West Africa… 56
7.3.1 Offshore Oil and Gas Production in the Republic of the Congo is Expected to
Increase at an Average Annual Growth Rate of 0.1% during 2011-2020… 57
7.4 Details of Planned Deep Offshore Oil Production Fields in the Republic of the
Congo… 58
7.4.1 Lianzi Oil Field… 58
7.4.2 Moho Nord Oil Field… 58
7.5 Major Offshore Exploration and Production Companies in Republic of the Congo… 58
7.5.1 Société Nationale des Pétroles du Congo (SNPC) has the Most Equity Stakes in
Active Offshore Blocks in the Republic of the Congo… 58
7.5.2 Total Recorded Largest Production of Oil and Gas in the Offshore
Republic of the Congo in 2011… 60
8 Deep Offshore Oil and Gas Exploration and Production in West Africa - Ghana… 62
8.1 Exploration and Production Fiscal Environment in Ghana… 62
8.2 Ghana Witnessed Second Highest Number of Oil and Gas Discoveries in Offshore
West Africa during 2009 - June 2012… 63
8.2.1 Details of Deep Offshore Oil and Gas Discoveries in Ghana… 64
8.3 Ghana Started Production of Oil and Gas in 2010… 65
8.3.1 Offshore Oil and Gas Production in Ghana is Expected to Increase at an
Average Annual Growth Rate of 15.8% during 2011-2020… 66
8.4 Details of Planned Deep Offshore Oil Production Fields in Ghana… 67
8.4.1 Tweneboa Production Field… 67
8.4.2 Mahogany East Project… 68
8.4.3 Odum Production Field… 69
8.5 Major Offshore Exploration and Production Companies in Ghana… 70
8.5.1 Ghana National Petroleum Corporation (GNPC) has the Highest Number of Stakes
in Active Offshore Blocks in Ghana… 70
8.5.2 Kosmos Energy has made Several Significant Discoveries in Deepwater
Ghana… 71
8.5.3 Tullow Oil Plc Recorded the Highest Production of Oil and Gas in Offshore
Ghana in 2011… 72

“Deep Offshore Oil & Gas Exploration and Production (E&P) in West Africa - Market
Analysis, Competitive Landscape and Forecasts to 2020”, is the latest report from
this, the industry analysis specialist, which analyzes the global Exploration and
Production (E&P) industry. The report provides an overview of the deep offshore
E&P in West Africa. The report also provides information on the major deep offshore
oil and gas projects and key companies in Nigeria, Angola, Equatorial Guinea,
the Republic of Congo and Ghana. The report is compiled by using data and
information sourced from proprietary databases, primary and secondary research
and in-house analysis by this team of industry experts.

Scope

This report provides detailed analysis of E&P in deep offshore West Africa,
including the key companies and the key trends and issues in the industry
up to 2020. The report primarily focuses on -
- Drivers and challenges for E&P in deep offshore West Africa.
- The contribution from the countries in the region to West Africa’s offshore
oil and gas production.
- Key companies in the E&P industry of deep offshore West Africa.
- The E&P fiscal environment in Nigeria, Angola, Equatorial Guinea, the
Republic of Congo and Ghana.
- The competitive landscape of the companies engaged in E&P activities in
Nigeria, Angola, Equatorial Guinea, the Republic of Congo and Ghana.
Reasons to buy

This report will enhance your decision-making capabilities. It will allow you to -
- Gain insight on the deep offshore West African market.
- Understand key drivers and challenges of the deep offshore West African market.
- Learn about deep offshore oil and gas E&P in Nigeria, Angola, Equatorial Guinea,
Republic of the Congo, and Ghana.
- To be informed about the operations of key companies engaged in deep offshore
E&P of oil and gas in the West Africa region.

No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form by any means, electronic, mechanical, photocopying, recording or otherwise,
without the prior permission of the publisher.

The facts of this report are believed to be correct at the time of publication but cannot be
guaranteed. Please note that the findings, conclusions and recommendations that the
publisher delivers will be based on information gathered in good faith from both primary
and secondary sources, whose accuracy we are not always in a position to guarantee.
As such the publisher accept no liability whatever for actions taken based on any
information that may subsequently prove to be incorrect.

To order this report, please send an email to mail@worldoils.com-------------------------------------------------------------------------------------------------------
Search words (for official use only) :Major Deep Offshore Oil and Gas Discoveries in West Africa
Exploration and Production Fiscal Environment in Nigeria
Bonga Southwest/Aparo Production Field
Erha North Phase II Production Field
Major Offshore Exploration and Production Companies in Nigeria
Exploration and Production Fiscal Environment in Angola
Kizomba D Production Field
Details of Deep Offshore Oil and Gas Discoveries in Ghana---------------------------------------------------------------------------------------------------------

The information contained herein is believed to be accurate but has not been verified. This equipment is subject to prior sale and sold “where-is as-is” with no warranties from Worldoils Pte Ltd or the Seller expressed or implied.